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th Parallel Properties Investment Group ( 37 th Parallel ) is pleased to announce the recent acquisition of Hawthorne at Clairmont, a 269-unit, 2009-built multifamily asset located in Atlanta, GA, on behalf of their investors and joint venture partner, Sophus Investments. This acquisition is 37 th Parallel s fifth transaction in 2020 and adds to the firm s growing footprint in the Southeast. Haven on Peachwood Apartments (PRNewsfoto/37th Parallel Properties) We are excited to add this high-quality asset to our growing portfolio and continue our strategic expansion in suburban Atlanta, said Dan Chamberlain, Managing Partner. Suburban, garden-style and mid-rise multifamily has demonstrated material resiliency throughout the Covid-19 spread. We have been able to add several well-placed assets worth over $100 million this year focusing primarily on submarket stability and employment diversity. We look to accelerate this strategy into 2021.

San antonioUnited statesVinay upasaniLos angelesColin marusakKieran donohueKevin geigerDoug fraserProperties investment groupPerimeter centerSoutheast multifamily teamPeachtree corridorClifton corridorChad dotySophus investmentsCutt ableson